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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Ghana Oil Fund savings reach $69.2 mln in 2011, Bank says

Posted on 16 March 2012

Ghana’s savings in two oil funds reached $69.2 million in 2011, the first year of production of crude for export, the central bank said on its website.
A stabilization fund, meant for use in times of price volatility, was given $54.8 million while a heritage fund for future generations received $14.4 million, according to the Accra-based Bank of Ghana………………………………………..Full Article: Source


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